Alerzo Overview
- Year Founded
-
2020
- Status
-
Out of Business
- Employees
-
800
- Latest Deal Type
-
Liquidation
Alerzo General Information
Description
Developer of a business management platform designed to transform how informal retail stores operate. The company's platform provides real-time market trends, customer feedback, consumer purchasing and logistics data, a marketplace for affordable goods, and a digital wallet for seamless payments, enabling retailers to streamline operations, reduce costs, and enhance profitability.
Contact Information
Website
www.alerzo.comCorporate Office
- Alerzo Place
- Ring-Road, Challenge
- Ibadan
- Nigeria
Corporate Office
- Alerzo Place
- Ring-Road, Challenge
- Ibadan
- Nigeria
Alerzo Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Bankruptcy: Liquidation | 27-Feb-2026 | Completed | Bankruptcy: Liquidation | |||
| 6. Early Stage VC | 13-Sep-2024 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B2) | 01-Jan-2022 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 28-Oct-2021 | Completed | Generating Revenue | |||
| 3. Seed Round | 01-Feb-2021 | Completed | Startup | |||
| 2. Accelerator/Incubator | 12-Jun-2020 | $5.5M | Completed | Startup | ||
| 1. Seed Round | 01-Jan-2020 | $5.5M | $5.5M | Completed | Startup |
Alerzo Comparisons
Industry
Financing
Details
Alerzo Competitors (3)
One of Alerzo’s 3 competitors is Omniretail, a Venture Capital-Backed company based in Lagos, Nigeria.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Omniretail | Venture Capital-Backed | Lagos, Nigeria | ||||
| Wasoko | Venture Capital-Backed | Nairobi, Kenya | ||||
| TradeDepot | Venture Capital-Backed | San Francisco, CA |
Alerzo Signals
Alerzo Acquisitions (1)
Alerzo’s most recent deal was a Merger/Acquisition with SHAGO. The deal was made on 15-Oct-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| SHAGO | 15-Oct-2021 | Merger/Acquisition | Other Financial Services |
Alerzo Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| SHAGO | Lagos, Nigeria | 2020 |
Alerzo FAQs
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When was Alerzo founded?
Alerzo was founded in 2020.
-
Where is Alerzo headquartered?
Alerzo is headquartered in Ibadan, Nigeria.
-
What is the size of Alerzo?
Alerzo has 800 total employees.
-
What industry is Alerzo in?
Alerzo’s primary industry is Business/Productivity Software.
-
Is Alerzo a private or public company?
Alerzo is a Private company.
-
What is Alerzo’s current revenue?
The current revenue for Alerzo is .
-
How much funding has Alerzo raised over time?
Alerzo has raised $20M.
-
Who are Alerzo’s competitors?
Omniretail, Wasoko, and TradeDepot are competitors of Alerzo.
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